LOIC REMY has completed his Liverpool medical. Meanwhile the Reds' eternal rivals Manchester United look set to miss out on PSG striker Edinson Cavani. And finally Atletico Madrid are weighing up a bid for Arsenal midfielder Santi Cazorla.

When asked whether United would pay huge sums on a player, Woodward said: "It is in our capabilities. The club are not afraid of doing that - spending significant amounts of money in the transfer market."